Vietnamese women increase their ‘power’ in business: report

The proportion of women-owned businesses has tended to increase over recent years, from about 21% in 2011 to 24% in 2018, according to a survey report on private enterprises by the Vietnam Chamber of Commerce and Industry (VCCI).

The above data shows the similarities with the official national enterprise data, released by the Business Registration Management Agency under the Ministry of Planning and Investment. Accordingly, by the end of September 2019, there were 285,689 enterprises nationwide owned by women, accounting for 24% of the total number of businesses nationwide.

Currently, Vietnam has the highest percentage of women-led businesses in Southeast Asia. VCCI’s report shows that 98.8% of women-owned enterprises are small and medium-sized, with 61.4% of them operating in the service sector.

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